Tucker, Inc., has the following plant asset accounts: Land. Buildings, and Equipment, with a separate accumulated depreciation, account for each of these except Land. Tucker complete with a following transactions Traded in equipment with accumulated depreciation of $61,000 (cos S131,000) for similar new equipment with a cash cost of $ 177, a trade-in allowance of $76,000 on the old equipment and paid $ 101,000 in cash. Sold a building that had a cost of $640,000 and had accumulated depreciation of $150,000 through December 31 of the preceding year. Depreciation is computed on a straight-line basis. The building has a 40-year useful life and a residual value of $240,000. Tucker received $125,000 cash and a $360,000 note receivable. Purchased land and a building for a single price of $350,000 cash. An independent appraisal valued the Land at $127, 400 and the building at $236, 600. Recorded depreciation as follows: is an expected useful life of eight years and an estimated i cost. Depreciation is computed on the double declining-balance method depreciation as follows: Equipment has an expected useful life of eight years and an estimated residual value of 12% of cost. Depreciation is computed on the double method. Depreciation on buildings is computed by the straight-line method. The new building carries a 40-year useful life and a residual value equal to 20% of its cost. Requirement Record the transactions in Tucker, Inc.'s, journal